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Competitive and Business Intelligence » Contracting Vendor/ Outsourcing
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Single User: Authorizes use by the person who places the order or for whom the order was placed.
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Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.
Like other functions that work with vendors, market research groups often struggle to find the optimal balance between controlling vendor costs and delivering quality insights.
Best Practices, LLC conducted benchmarking research to examine both well-established and newly emerging models and trends in market research vendor management. In particular, this report provides benchmarks around managing exclusive vendor partnerships, use and extent of outsourcing of exclusive vendors, evaluation and return on investment, vendor management automation and key lessons learned.
16 Market Research and Business Intelligence leaders from 15 leading biotech and pharmaceutical companies were engaged in a benchmarking survey to distill insights on exclusive market research vendor management. More than 40% of study participants serve at the director level or higher.
Key topics covered in this report include: